An investor buys 2 shares of stock for $55 per share and simultaneously sells a call

option on the stock with a strike price of $60 for a premium of $2 and buys a put option

on the

stock with a strike price of $50 for a premium of $3. Options are for a single

share of stock each and expire he same day.

What is the profit of the investors strategy when the market price of the stock is $56.8

at the expiry date of the options?

The profit of the investor's strategy is $

(Please retain at least 4 decimal places in your calculations and at least 2 decimal

places in the final answer.)